Mixed-bag budget bad for banks: Moody’s
Higher taxes offset benefit of efforts to cool housing market
- By: James Langton
- April 11, 2022 April 11, 2022
- 13:00
Higher taxes offset benefit of efforts to cool housing market
Firm, directors settled allegations of securities violations
U.S. federal jury finds ex-banker guilty on corruption, money laundering charges
New federal enforcement agency, more funds for FINTRAC
Negative shocks to drive rates higher and weigh on economic growth
Proposed change in Budget 2022 would "increase expenditures by charities overall," government said
The jobless rate in March would have been 7.2% had it included people not actively looking
But with no adjustment to the passive income rules, some companies will remain shut out
Budget promises examination of digitalization, single complaint-handling body
Government cuts fossil-fuel credits, offers new credits for critical mineral, carbon capture development
Financial institutions will also have to pay a one-time Canada Recovery Dividend on 2021 taxable income over $1B
Profits on sale of residential property held for less than 12 months would be taxed as business income
The government plans to consult on how to allow "genuine" intergenerational share transfers
Precious metals action calms, while Dow Jones tops 50K
Report calls for action on data gaps, surveillance, leverage
Trade deficit remains unchanged amid shifting tariff policy, Fitch reports
Trust account used in fraud, misappropriation, Law Society finds
Policy failed to cover hedge fund investment that turned out to be a fraud
Firm allegedly touted stocks on social media, while selling its holdings
The honours will be presented Feb. 12, at the association's Embrace the Challenge event
Start with flexibility, tax efficiency, simplicity
Brokers, MGAs, software providers and TPAs set to evolve
Plus, moves at Our Family Office, Harvest ETFs, Manulife Wealth, Canada Life and more
Plus, Wellington-Alus Private Counsel and Ninepoint Partners add new talent
Also, moves at Mackenzie Investments, Edward Jones Canada and the CSA
Plus, National Bank changes diversified equity fund
Net monthly ETF inflows reach $22B in January: report
Plus, other firms launch new products, tweak their fund lineups